The International Monetary Fund (IMF) says the incipient recovery in economic activity in Nigeria is projected to take root and broaden among sectors, with GDP growth...
Nigeria’s inflation rate decelerated further for the second consecutive month to stand at 17.93% in May 2021 from 18.12% recorded in April 2021. This is contained...
The federal government says it will continue to promote the ingenuity and industry of Indigenous entrepreneurs for economic growth. Otunba Adeniyi Adebayo, Minister of Industry, Trade...
Despite banning cryptocurrencies in the country, the Central Bank of Nigeria (CBN) has concluded plans to launch a digital currency before the end of this year....
The Debt Management Office (DMO) reports that Nigeria‘s stock of public debt is N33.107 trillion (approximately $87.239 billion), as of March 31, 2021. A statement obtained...
The Federal Executive Council of Nigeria has approved a draft supplementary budget of N895 billion for the year 2021 for the procurement of military hardware and COVID-19...
The Nigeria Diaspora Network (NDN) urged the federal government to provide low-rate loans and farm inputs to young people. NDN’s chief financial officer, Samuel Iyapo, made...
The Federal Government has given assurances to United Kingdom companies operating in Nigeria of its support in ensuring that they thrive amidst dwindling foreign exchange earnings....
The Nigerian Government says the policy of 10 per cent of cassava flour in bread and other confectionery would reduce wheat importation while the demand for...
Over 620,000 direct and indirect jobs were created in two years as a result of the Central Bank of Nigeria’s (CBN’s) intervention in the Cotton, Textile...